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Goulburn suburb profile

Goulburn, located in New South Wales, is a historic regional city known for its rich heritage and vibrant community. As Australia's first inland city, Goulburn boasts a blend of colonial architecture and modern amenities, offering residents a unique living experience. The city is famous for the Big Merino, a tribute to its wool industry, and provides a range of cultural and recreational activities. With its strategic location between Sydney and Canberra, Goulburn serves as a convenient hub for travelers and locals alike. Its strong sense of community, coupled with a relaxed lifestyle, makes Goulburn an appealing destination for families and retirees.

Goulburn property market performance

Current median dwelling price$590,000Past 3 months

Property growth+14.1%Past 12 months

Goulburn’s property market has experienced notable growth over the past 12 months. The median house price has increased by 10.3% to $710,000. Meanwhile, unit values have seen a significant rise of 17.8%. In the past year, 149 houses were sold, compared to just 7 units, illustrating a stronger demand for houses.

The median days on market for houses is 43 days, slightly shorter than the 46 days for units, indicating a steady interest in both property types. The rental market shows modest growth, with house rents rising by 2.0% and unit rents by 7.0% over the last 12 months, making it an appealing area for renters, especially in the unit sector.

HousesUnits
Median price
Past 3 months
$715K$465K
Change in value
Past 12 months
9.4%18.8%
Sold
Past 3 months
15211
Median days on market
Past 12 months
4146
Average rent
Past 12 months
$500$390
Change in rent
Past 12 months
2.0%8.3%

5 year median price trend for houses and units

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Goulburn demographics

Goulburn, located in the Southern Tablelands of New South Wales, is a regional city known for its rich history, heritage architecture, and vibrant community life. With a population of 23,963, Goulburn offers a blend of urban and rural living, making it an attractive destination for families, retirees, and professionals seeking a quieter lifestyle away from the hustle and bustle of larger cities. The median age of 40 reflects a mature community, with a balanced mix of young families and older residents enjoying the city's amenities and natural surroundings.

Housing in Goulburn is characterized by a significant proportion of home ownership, with 33.8% of properties owned outright and 31.1% owned with a mortgage. This stability in property ownership is complemented by a rental market that accommodates 35.1% of the population, providing flexibility for those not yet ready to buy. The suburb's family-friendly environment is evident in its household composition, with 37.5% of families being couples with children and 40.9% being couples without children, highlighting its appeal to both growing families and those seeking a quieter lifestyle.

Goulburn's economy is supported by a diverse range of industries, including agriculture, manufacturing, and public administration, providing ample employment opportunities for its residents. The city's strategic location, with easy access to Canberra and Sydney, further enhances its appeal as a regional hub. With its strong sense of community, historical charm, and modern conveniences, Goulburn offers a unique and fulfilling lifestyle for its residents.

Suburbs near Goulburn

Some popular suburbs near Goulburn include:

  • Run-O-Waters: Known for its rural charm and spacious properties, Run-O-Waters is located just southwest of Goulburn.
  • Quialigo: Offering a peaceful rural lifestyle with expansive landscapes, Quialigo lies to the southeast of Goulburn.
  • Bungonia: Famous for its national park and outdoor activities, Bungonia is situated to the east of Goulburn.
  • Marulan: Known for its historic charm and convenient highway access, Marulan is located to the northeast of Goulburn.
  • Lake Bathurst: Offering scenic views and a tranquil setting, Lake Bathurst is situated to the south of Goulburn.

How does Goulburn compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Goulburn have grown 8.6% higher than in Run-O-Waters.
  • Selling speed for houses: Properties in Goulburn are selling 49.4% faster than in Marulan.

Choose the right real estate agents in Goulburn

There are 62 real estate agents in Goulburn, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 34.4% of all sales in the past year.

Commission rates in Goulburn typically range from 1.95% to 3.07%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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